US House votes against $700bn bailout

junkyard · 29-09-2008 11:24pm

partyatmygaff wrote: »

sure $700Billion is just pocket change:

Any chance of a loan?

Ace2007 · 29-09-2008 11:27pm

Personally i believe George Lee shouldn't be allowed on tv - for 2 years now he's been talkin negative - why - lets look - if no one hears about it then the ordinary joe goes about his business and doesn't worry about anything - doesn't get scared about his money and start takin money out.

earlyevening · 29-09-2008 11:28pm

The ISEQ is at summer 1997 levels, the time when Bertie took charge. Maybe we need him back? It couldn't be just coincidence could it?

partyatmygaff · 29-09-2008 11:29pm

junkyard wrote: »

Any chance of a loan?

sure thing mate
pm sent
:pac:

genericgoon · 29-09-2008 11:29pm

earlyevening wrote: »

The ISEQ is at summer 1997 levels, the time when Bertie took charge. Maybe we need him back? It couldn't be just coincidence could it?

Quick, we need a digout. Come back Bertie! :pac::p

bug · 29-09-2008 11:30pm

earlyevening wrote: »

The ISEQ is at summer 1997 levels, the time when Bertie took charge. Maybe we need him back? It couldn't be just coincidence could it?

The Rat left the sinking ship just before it sank.

junkyard · 29-09-2008 11:34pm

bug wrote: »

The Rat left the sinking ship just before it sank.

Plenty of rats still on board trying to plunder what's left.:(

ninty9er · 29-09-2008 11:37pm

Rossibaby wrote: »

:Dgreat stuff

any words of a private takeover,i sure hope not.this is a mess indeed i woul have thought it was a done deal

Not private, but I hear the Chinese Communist Party wouldn't be averse to a hsotile takeover to protect its investments.

SimpleSam06 · 29-09-2008 11:37pm

earlyevening wrote: »

The ISEQ is at summer 1997 levels, the time when Bertie took charge. Maybe we need him back? It couldn't be just coincidence could it?

That flute did enough damage to qualify as perhaps the first ever Irish leader who could successfully be charged with treason.

bug · 29-09-2008 11:38pm

junkyard wrote: »

Plenty of rats still on board trying to plunder what's left.:(

They're all screaming and ready to jump.

That knacker from Drumcondra is a clever little rat. He left before Lisbon, and knew things were taking a turn. "Cute Whore" doesn't describe the man IMO.

Duckjob · 29-09-2008 11:43pm

SimpleSam06 wrote: »

That flute did enough damage to qualify as perhaps the first ever Irish leader who could successfully be charged with treason.

and in addition to his meaty ministers pension, he's getting a nice 68K bonus for thrashing the gaf .

Darragh29 · 29-09-2008 11:43pm

If I had 700,000,000,000 to sort out a problem, I'd just buy another planet where these problems didn't exist! :cool::cool::cool:

dsmythy · 29-09-2008 11:46pm

Darragh29 wrote: »

If I had 700,000,000,000 to sort out a problem, I'd just buy another planet where these problems didn't exist! :cool::cool::cool:

If i had it i'd stay here and be a rich bastard.

is_that_so · 29-09-2008 11:46pm

Maybe the Nigerians with all those dormant bank accounts could help out here.

Pj! · 29-09-2008 11:48pm

All the talk is of America and the $700 billion.

Ireland is after having a very crappy day itself. The ISEQ recording its biggest drop in over 25 years. 13%!!
Anglo Irish Bank dropped 45%! Irish Life and Permanent dropped 34%!
Our government introduced our deposit insurance scheme to €100,000 from €20,000 to avoid a run on the banks. This is the highest in Europe! It had to be done for a reason. But is the solution as simple as that?

This isn't going to go away anytime soon. What the f*ck is going to happen tomorrow?

SimpleSam06 · 29-09-2008 11:52pm

Forky wrote: »

It had to be done for a reason. But is the solution as simple as that?

Its not a solution, its nonsense. If there is a run on Irish banks there is no way the government can guarantee that much money, not a notion. If it happens they will just throw up their hands and let it go the way of the national infrastructure, more broken promises.

junkyard · 29-09-2008 11:52pm

is_that_so wrote: »

Maybe the Nigerians with all those dormant bank accounts could help out here.

Plenty of them around my neck of the woods, I'll ask them if you like?:)

Pj! · 29-09-2008 11:57pm

SimpleSam06 wrote: »

Its not a solution, its nonsense. If there is a run on Irish banks there is no way the government can guarantee that much money, not a notion. If it happens they will just throw up their hands and let it go the way of the national infrastructure, more broken promises.

Of course its nonsense. It was a problem brushed under the mat.
Digging the hole deeper. Possibly what America are doing with their 'bail-out' plan.
Anyways, tomorrow should be interesting.

TPD · 30-09-2008 12:09am

Overheal, that Dragonball Z clip was genius. Cleared up all my recession woes, and I thank you.

Ace2007 · 30-09-2008 12:14am

Can someone tell me - in plain simple english whats the worse thing that can happen - or the most likely for the ordinary joe in ireland in say the next year or 2

AlmightyCushion · 30-09-2008 12:16am

Ace2007 wrote: »

Can someone tell me - in plain simple english whats the worse thing that can happen - or the most likely for the ordinary joe in ireland in say the next year or 2

Don't worry the LHC wll destroy the planet before anythinig major happens.

partyatmygaff · 30-09-2008 12:20am

thank god for the large hardon collider
no more recession but we'll all go back to floppies :pac:

dotsman · 30-09-2008 12:24am

Ace2007 wrote: »

Can someone tell me - in plain simple english whats the worse thing that can happen - or the most likely for the ordinary joe in ireland in say the next year or 2

Worst case? Deep global depression (years, perhaps a decade or even longer!). Here in Ireland, - large long term unemployment, cut in welfare (as there's less taxes to pay for them), huge rise in homelessness as people can't afford rent/mortgages and not enough council houses (or money to pay for more) for everyone. Nowhere to emigrate to as this is a global problem (perhaps if you speak russian/chinese, as the only 2 large economies that won't suffer too badly, and have contacts there - you might have a chance!).

But that's the worse case scenario. The best case is maybe another year or 2 of recession, job losses, tax hikes, wage cuts etc before turning around.

OPENROAD · 30-09-2008 12:27am

dotsman wrote: »

, tax hikes,

Unlikely imo. Certainly direct ones and not the solution.

partyatmygaff · 30-09-2008 12:28am

well nearly half of everyone i know is f*cked anyway and cant afford to pay for their loans so cant see it getting any worse than public executions for not paying up.

j1smithy · 30-09-2008 12:28am

Ace2007 wrote: »

Can someone tell me - in plain simple english whats the worse thing that can happen - or the most likely for the ordinary joe in ireland in say the next year or 2

The country could go belly up, mass unemployment, sky high interest rates, political unrest, wars in parts of the world and this time we wont have the UK or the States to emigrate to, they'll have it just as bad...

truecrippler · 30-09-2008 12:29am

dotsman wrote: »

Worst case? Deep global depression (years, perhaps a decade or even longer!). Here in Ireland, - large long term unemployment, cut in welfare (as there's less taxes to pay for them), huge rise in homelessness as people can't afford rent/mortgages and not enough council houses (or money to pay for more) for everyone. Nowhere to emigrate to as this is a global problem (perhaps if you speak russian/chinese, as the only 2 large economies that won't suffer too badly, and have contacts there - you might have a chance!).

But that's the worse case scenario. The best case is maybe another year or 2 of recession, job losses, tax hikes, wage cuts etc before turning around.

Oooh, can't wait. That sums it all up for me. Actually to be honest, I haven't a feckin' clue whats going on. Excuse my ignorance.

j1smithy · 30-09-2008 12:30am

partyatmygaff wrote: »

well nearly half of everyone i know is f*cked anyway and cant afford to pay for their loans so cant see it getting any worse than public executions for not paying up.

You'll have to change your username then, cos there wont be a party at your gaff!!

dotsman · 30-09-2008 12:36am

OPENROAD wrote: »

Unlikely imo. Certainly direct ones and not the solution.

Do you trust this/any government to always make the right decision?

To be honest, I am placing any bets as to how this government will deal with the crisis. Although I know it is going to be very bad news, I'm still (out of curiosity) actually can't wait for the next budget:eek:

OPENROAD · 30-09-2008 12:42am

dotsman wrote: »

Do you trust this/any government to always make the right decision?

To be honest, I am placing any bets as to how this government will deal with the crisis. Although I know it is going to be very bad news, I'm still (out of curiosity) actually can't wait for the next budget:eek:

In this case all the suggestions and govt talk certainly does not point to a rise, a rise certainly would be the wrong move for our economy.

US House votes against $700bn bailout

Comments